SEC Form 4 · accession 0001209191-16-093898
Woodward, Inc. · WWD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Larry E Rittenberg
Director
Period of report
Jan 26, 2016
Accepted (ET)
Jan 28, 2016 · 10:14 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000108312
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Woodward, Inc. Common Stock | Jan 26, 2016 | M | 3,000 | $18.49 | A | 28,402 | D | |
| Woodward, Inc. Common StockF1 | Jan 26, 2016 | S | 3,000 | $45.8433 | D | 25,402 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (Right to Buy)F2 | $18.49 | Jan 26, 2016 | M | 3,000 | D | Nov 15, 2007 | Nov 15, 2016 | Woodward, Inc. Common Stock | 3,000 | 5,200 | D |
Explanation of responses
- F1The reporting person executed a trade order through a broker-dealer which resulted in multiple same day, same way open market purchases, with prices ranging from $45.78 to $45.90 per share. The reporting person has reported these purchases on an aggregate basis using the weighted average price for the transactions. The reporting person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number of shares purchased at each separate price.
- F2Options become exercisable at a rate of 25% per year beginning on the exercisable date shown.